Study the Contribution of Small Enterprises Towards Economy Dr. Kamalpreet Kaur
Author(s): Dr. Kamalpreet Kaur
Publication #: 2402005
Date of Publication: 14.02.2024
Country: India
Pages: 1-6
Published In: Volume 10 Issue 1 February-2024
DOI: https://doi.org/https://doi.org/10.5281/zenodo.10658959
Abstract
The development of the IT and ITes industries has been a major factor in the spectacular change in industrial growth that has occurred in the post-liberalization era. The liberalisation era, however, revealed that micro and small industries were in danger of closing owing to MNC inversion in India. Given that India has a large, primarily unskilled labour pool, the government of India must perfect the micro and small industries there. By passing the MSME Act of 2006, the government has made the appropriate move in establishing legislation for MSME's. The report makes an effort to give a general overview of India's micro- and small enterprises and to research the effects of small businesses from 1991 to 2013.
Keywords: IT sector, MNC, MSME, socio economic effect
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